Power, gas demand weakens in face of Hurricane Francine but prices stay strong

Hurricane Francine weakened Southeast Gulf Coast energy demand Sept. 11, but prices remained strong, and LNG production continued as area utilities prepared to restore electric service as soon as possible after the storm’s expected landfall brings storm surges up to 10 feet, heavy rains and potential tornadoes. As of 2 pm CT Sept. 11, National Hurricane Center said the Category… Hurricane Francine weakened Southeast Gulf Coast energy demand Sept. 11, but prices remained strong, and LNG production continued as area utilities prepared to restore electric service as soon as possible after the storm’s expected landfall brings storm surges up to 10 feet, heavy rains and potential tornadoes. As of 2 pm CT Sept. 11, National Hurricane Center said the Category… Read More